Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

India's RCom Sells £ 221.63 million Worth Assets to Reliance Jio

Easterneye.Biz Staff
By Easterneye.Biz StaffAug 23, 2018
Easterneye.Biz Staff
See Full Bio

India’s Reliance Jio Infocomm Ltd has completed the purchase process of Media Convergence Nodes (MCNs) and related infrastructure equipment worth 221.63 million pounds from Reliance Communications Ltd (RCom) on Thursday (23).

RCom said that it has transferred 248 MCNs covering about 5 mn square feet area used for hosting the telecommunication infrastructure to Reliance Jio.

In May this year, RCom had informed that it expected to sell media assets worth 2.01 billion pounds to Reliance Jio and Canada’s Brookfield (BAMa.TO) after the bankruptcy petition court halted insolvency proceedings against the cash crisis hit RCom.

rcomindiareliance jio

Related News

Bidens-Modi-Getty

Modi's £16,129 diamond tops Jill Biden's gift list for 2023

indian-rupee-iStock
Business

India's forex reserves dip to eight-month low amid rupee weakness

Manchester-airport-Reuters
Featured

Flights disrupted as heavy snow hits airports

Jake-Sullivan-Getty
News

Chinese dams expected to feature in India-US talks

More For You

Child abuse inquiry: Former prosecutor dismisses Musk's demands

Nazir Afzal

Child abuse inquiry: Former prosecutor dismisses Musk's demands


A FORMER chief prosecutor has pushed back against calls from Elon Musk and Conservative politicians for a new national inquiry into child sexual exploitation in Britain.

Nazir Afzal, who successfully prosecuted the Rochdale child sexual abusers, pointed out that previous extensive inquiries were largely ignored by the Tory government.

Keep ReadingShow less
Trump demands UK scrap wind power, revive North Sea oil

US president-elect Donald Trump (Photo by Eva Marie Uzcategui/Getty Images)

Trump demands UK scrap wind power, revive North Sea oil

US president-elect Donald Trump has criticised the British government's energy policy with a demand the country "open up" the ageing North Sea oil and gas basin and get rid of wind farms.

The North Sea is one of the world's oldest offshore oil and gas basins where production has steadily declined since the start of the millennium. At the same time, it has become one of the world's largest offshore wind regions.

Keep ReadingShow less
Postmaster Hemandra Hindocha receives royal recognition

Hemandra Hindocha

Postmaster Hemandra Hindocha receives royal recognition

WESTCOTES postmaster, Hemandra Hindocha, has been recognised by the King for services to his Leicester community and other postmasters.

Better known as “H” by customers, he has been at the heart of his Westcotes community for nearly 38 years after initially starting his postmaster career in Northampton, for five years.

Keep ReadingShow less
Wes Streeting: Musk's intervention in UK politics 'misinformed'

Wes Streeting arrives to attend the weekly Cabinet meeting in 10 Downing Street on December 3, 2024 in London, England. (Photo by Carl Court/Getty Images)

Wes Streeting: Musk's intervention in UK politics 'misinformed'

A senior minister has criticised Elon Musk's latest intervention in the country's politics as "misjudged and certainly misinformed".

The tech billionaire accused prime minister Keir Starmer a day earlier of failing to bring "rape gangs" to justice when he was director of public prosecutions.

Keep ReadingShow less
Vice-chancellors at top universities spent £1m on foreign trips

Vice-chancellors at the 24 Russell Group universities have claimed significant amounts for trips abroad, luxury hotels, and even home renovations. (Photo by Christopher Furlong/Getty Images)

Vice-chancellors at top universities spent £1m on foreign trips

LEADERS at some of the UK's most prestigious universities have spent close to £1 million on international travel over the past three years, despite ongoing warnings about financial challenges within the higher education sector.

An analysis by The Times revealed that vice-chancellors at the 24 Russell Group universities, representing the country’s most renowned universities, have claimed significant amounts for trips abroad, luxury hotels, and even home renovations.

Keep ReadingShow less
© Copyright 2025 Garavi Gujarat Publications Ltd & Garavi Gujarat Publications